EU Conflict Minerals Regulation to take effect in 2021

ChainPoint

These new set of new regulation will take effect in 2021: importers from the EU have until then to put a due diligence system in place. In 2017, the European Parliament and the EU Council adopted a new regulation regarding the import of so-called conflict minerals.

Jobs Sustainability: Little Time Remains to Implement Long-term Strategy

Enterra Insights

“By 2021,” writes Forrester Vice President Brian Hopkins (@practicingEA), “a disruptive tidal wave will begin. Solutions powered by AI/cognitive technology … Continued.

Supply Chain News on MAPI Projects US will Finally Surpass Peak 2007 Manufacturing Output in 2019

Supply Chain Digest

MAPI Nearly Doubles its Forecast of Manufacturing Growth through 2021, with Even the Apparel Sector Seeing Some Goods News

Saudi Aramco announces major supply chain shakeup

Logistics Middle East

Saudi Aramco wants to double to 70% its local sourcing by 2021 as part of a US $300-billion investment in its supply chain

How Amazon will impact the supply chain in 2018

TradeGecko

Wall Street firm Needham predicted that by 2021 Amazon would make up 50% of all US eCommerce, so we can expect 2018 to be another colossal year for the eCommerce giant. In their 10-K annual report from 2017, Amazon stated that it had generated $6.4 billion in sales from retail subscription services alone. eCommerce

8 Mind-Blowing Facts About the Future of Warehousing [Infographic]

RFgen

Where will your warehouse be by 2021? Warehousing technology is changing faster than ever. View the current trends in the infographic below: Warehouse Management

Amazon by the Numbers! Time to find your place in an Amazon World! (Infographic)

Supply Chain Game Changer

The infographic from Fortna in this post from Jeff Ashcroft provides a startling picture of where Amazon is at currently and how by 2021 they’re expected to handle over half of online e-commerce transactions with Walmart now only at 5% and growing! Subscribe Here! Email Address.

Cognitive Computing will Achieve Mainstream Adoption in 5 Years

Enterra Insights

Gartner analysts predict “smart machines will enter mainstream adoption by 2021 with 30 percent adoption by large companies. This will … Continued. The post Cognitive Computing will Achieve Mainstream Adoption in 5 Years appeared first on Enterra Solutions.

This Week in Logistics News (October 22-26, 2018)

Talking Logistics

Uber Ambitiously Eyes 2021 for Food-Delivery Drones Launch (WSJ – sub. What does it feel like to cycle in 29F weather going 17.2 mph for 27 miles? I found out this past Monday when I went out for my final training ride before shipping my bike to Santa Fe, NM for the JDRF Ride to Cure.

Top 10 Manufacturing Trends For 2019

IQMS

With the advanced analytics spending predicted to grow from $136B in 2016 to $232B in 2021 , attaining an 11.3% Due to all of these factors advanced robotics spending is predicted to grow from $92B in 2016 to $225B in 2021, attaining a 19.7%

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Ford gets free publicity for promising autonomous cars in 5 years

Techgistics

Mark Fields, Ford’s chief executive, said the company planned to mass produce driverless cars and have them in commercial operation in a ride-hailing service by 2021. Fully autonomous by 2021. Neal E. Boudette, writing for the New York Times: At a news conference on Tuesday at the company’s research center in Palo Alto, Calif.,

Welcome to 2019: 5 Retail Trends You Need to Know Now

JDA software

Checkout-free concepts like Amazon Go will become more prevalent – their cashierless store concepts could top $4 billion in sales by 2021. It’s a new year and retail is moving faster—finally we’re seeing retailers looking in the right direction—up.

The Future of the Supply Chain is More Warehouses, Everywhere

AFFLINK

By 2021, $4.5 In other words, by 2021, when the e-commerce industry sells $4.5 Over the last decade, there has been a flowering of e-commerce. Everyone is ordering everything online, and if you don’t have some form of online shop, you’re barely a business.

Surviving the Retail Apocalypse

Enterra Insights

The staff at Material Handling & Logistics magazine report, “A new survey finds that 85% of retail and 79% of consumer products companies surveyed plan to be using intelligent automation for supply chain planning by 2021.”[3] ”[3] They add, “79% of retail and consumer products companies surveyed expect to be using intelligent automation for customer intelligence by 2021.

Retail 100

Spotlight On: Robots In Distribution Centres

Logistics Bureau

billion by the end of 2021. Manufacturers of robots can therefore expect unit shipments to increase from 40,000 in 2016, to 620,000 units annually by 2021 (reference: www.tractica.com).

A time of transition: 3 key trends for oil & gas in 2018

Quintiq

According to the International Energy Agency (IEA), the renewable energy industry is expected to grow 13% in the period until 2021. The fall in oil prices transformed the global oil & gas industry.

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River Logic Named a Gartner's 2017 Forecast Snapshot for Prescriptive Analytics

River Logic

billion by 2021 , with a 21% CAGR from 2016. Back in 2016, Gartner produced its first research note on prescriptive analytics technology, the Forecast Snapshot of Prescriptive Analytics. Once again, River Logic was noted as one of the few major players that hold around 85% of the market share in the prescriptive technology space. The prescriptive analytics software market is set to reach $1.57 Prescriptive Analytics Gartner Market Research

Bringing Augmented Reality to Supply Chain

Elementum

million headset shipments by 2021, almost double from 2016’s 10 million. by 2021 compared to US $2.1B Augmented reality, or simply known as AR, is the usage of technology to superimpose computer-generated sensory input such as sound, videos, and images over a person's real-view world.

Key Guiding Principles for Getting a Better Handle on Implementing Artificial Intelligence (AI) in Supply Chain Management

Arkieva

In fact, Gartner predicts by 2021, 40% of new enterprise applications will include Artificial Intelligence Technologies, where AI and Machine Learning promise to solve a plethora of problems faced by enterprises today, from better decision making to increased efficiencies and cost savings. The role of Artificial Intelligence (AI) in business activities has again emerged as a hot topic for 2017 and 2018.

How to Change Your Inventory Management Strategy in the Omnichannel Era

Elementum

According to Forbes, about 70 percent of retailers will be investing in IoT technologies by 2021, with over 30 billion IoT devices. The U.S. e-commerce market has nearly doubled in size since 2011, and is forecast to grow to $737B by 2022.

Rakuten Super Logistics expands national presence into six additional US markets

EFT

By 2021, worldwide retail e-commerce sales are projected to be 4.9 RSL will be employing state-of-the-art technology in all six new facilities. In 2018, RSL began deploying 'order fulfilment robots', developed by inVia Robotics, in its facilities nationwide and will be expanding with inVia's automation technology in the new warehouses. Our continued expansion into major metropolitan markets is a commitment to our clients.

Bringing Augmented Reality to Supply Chain

Elementum

million by 2021, almost double from 2016’s 10 million. by 2021 compared to US $2.1B Augmented reality, also known simply as AR, is the usage of technology to superimpose computer-generated sensory input like sound, videos, and images, over a person's real-world view.

SCM 78

The Top 5 Changes That Occur With AI in Logistics

Cerasis

billion by the end of 2021. There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. That may seem like a cliché, or hype, or buzz, but it is true.

Transportation Network Modeling: A Powerful Tool in Greenhouse Gas Emissions Reduction Strategy

Talking Logistics

For example, the US Environmental Protection Agency (EPA) is phasing in fuel efficiency standards starting with trailers in 2018, truck standards in 2021, which are estimated to provide 2-4 year payback periods.

Tools 194

Digital Transformation of Warehousing by Industry: What You Need to Know

Veridian Solutions

In fact, according to Digitalist Magazine , the overwhelming majority of retailers, 71 percent, will invest in IoT technologies by 2021. The digital transformation of warehousing affects every supply chain.

Supply Chain Transformation is a Journey not a Destination

Enterra Insights

Beadle reports, “By 2021, one in 10 warehouse workers in established economies will be replaced by autonomous mobile robots (AMRs). Gartner predicts, “By 2021, 20% of all customer service interactions will be handled by virtual customer assistants and chatbots.” Supply chains have been around since people realized they had things worth trading. As new technologies emerged, supply chains transformed to take advantage of these technologies.

Demand for Basic and Specialty Chemicals Continues to Grow

Material Handling & Logistics

in 2021. Healthy growth is expected to be driven by broad-based industrial demand.

How VR, 3D Printing & Predictive Analytics in the IOT are Currently Powering the Manufacturing Industry

Cerasis

billion by 2021. Technology advancements were among the most exciting topics to watch through 2016. Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. Like any modern business, you can learn great things by looking back at what did and did not come to fruition.

Mastering eCommerce: How to optimize your eCommerce business and scale to new heights

TradeGecko

trillion dollars by 2021. Statista is predicting that the eCommerce industry will be worth 4.48 With this in mind, it would be a smart move to start thinking about how you can make the most out of your eCommerce store. Business Growth eCommerce

7 Trends Propelling TMS Solutions to Center Stage

Cerasis

However, global use of the TMS is expected to have a compounded annual growth rate (CAGR) of seven percent between 2017 and 2021. 2017 will be the year of renewed focus and interest in adopting newer transportation management systems (TMSs) to boost productivity and find the biggest cost savings among shipping transportation providers. This is the result of renewed, surging demand from consumers and greater confidence in the stability of the U.S. economy.

Trends 149

This Week in Logistics News (August 27-31, 2018)

Talking Logistics

Toyota invests $500 million in Uber, will partner to deliver self-driving cars by 2021 (USA Today). I’m on borrowed time this morning, so let’s go straight to the supply chain and logistics news that caught my attention this week, which was dominated by M&A, new startups, and investments news. MercuryGate International Acquired by Growth Equity Investor Summit Partners. Trump Reaches Revised Trade Deal With Mexico, Threatening to Leave Out Canada (New York Times).

6 Tips for Improving Warehouse and Distribution Center Efficiency

Supply Chain Game Changer

billion industry, and it’s expected to balloon to $22 billion by the year 2021. Subscribe Here! Email Address. Struggling with Process Ownership? Perhaps it’s a Failure to Communicate! Article created for Supply Chain Game Changer by David Madden at [link]. .

Technology and the Supply Chain: What Does the Future Hold?

Kinaxis

WEF says by 2021, the automated workforce will reach its tipping point into mainstream and become the norm. by Alexa Cheater Meet the Jetsons! Like any well-rounded child of the 80s, I grew up watching Saturday morning cartoons.

How New GHG Regulations Affect the Future of Transportation

PLS Logistics

Additional truck and trailer requirements, including fuel-efficiency guidelines and CO 2 emissions standards, will be implemented in 2021, 2024 and 2027.

Trends 2019: Business Technology

Enterra Insights

It predicts that by 2021, 10 percent of new vehicles will have autonomous driving capability, compared with less than 1 percent in 2017. Technology is an ambiguous word referring to a wide range of marvelous (and sometimes scary) man-made gadgets. Deciding what technological trends are important depends on the activities in which you or your organization are involved. Regardless of your area of interest, technology of some sort is going to impact it in the years ahead.

Trends 126

E-commerce and the Digital Path to Purchase

Enterra Insights

million by 2021, making the U.S. Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. Historically, when consumers needed something, they made their way to a bazaar, a marketplace, or a shopping center. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance.

Is Hyperloop the Next Great Supply Chain Technology?

Kinaxis

The CEO of the company behind the test (Hyperloop One) estimates that the system will be transporting cargo by 2019 and passengers by 2021. by Melissa Clow This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management.